In this Trust document can you explain the meaning of " notwithstanding"?
I believe the Trustees feel it means in spite of. My interpretation is that it means with exception of.
Here's how it's written,
On page 29 of the 5th Amendment, the definition of education is outlined for the Education Trust. It is:
- Definition of "Education." Notwithstanding subparagraph 5(b) of Article Twenty of this agreement, as used in this Article only, the term "education" shall mean only undergraduate and graduate study leading to a degree, in any and all fields whatsoever, whether of a professional character or otherwise, at an accredited university, college, or other institution of higher learning, whether public or private. The activities described in this paragraph may be carried on either in the United States or elsewhere. In determining payments to be made for all such education, the Trustee shall take into account and may pay for the beneficiary's reasonable costs of tuition, room, board (whether or not charged by an educational institution at which such individual shall be a student), books, laboratory or other equipment or tools (including computer hardware and software), fees, travel to and from school, transportation and charges for tutoring.
Thank you so much for any input and observations.